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Camber Energy Completes Acquisition of Viking Energy

01/08/2023

Camber Energy announced today the completion of its acquisition of Viking Energy Group, pursuant to which Camber acquired all of the issued and outstanding securities of Viking not already owned by Camber. Effective August 1, 2023, Viking became a wholly-owned subsidiary of Camber, and Viking's securities ceased trading on the OTC:QB. Camber remains as the sole publicly-traded entity.

Viking brings to Camber a long-standing custom energy and power solutions business, along with a portfolio of diverse, ready-for-market technologies in the clean energy, carbon-capture, waste treatment and utility sectors. Most importantly, Viking brings an exemplary team of professionals, extensive industry relationships and additional opportunities for growth.

"We sincerely appreciate the patience and support of our stakeholders for affording us the opportunity to finally close this merger, and in no way do we view the acquisition as a ‘finish line' of any kind. Rather this is merely an early, albeit significant, step within our comprehensive plan to transform this organization into what we firmly believe will be a revolutionary and profitable participant in the energy industry," commented James Doris, President & CEO of Camber.

KeyFacts Energy Industry Directory: Camber Energy   l   KeyFacts Energy: Acquisitions & Mergers news

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